Muthoot Microfin Limited — PPTs, 07-05-2026: Investor Presentation

Muthoot Microfin is strategically transforming its business towards a diversified, high-value retail lending model, aiming for a ₹30,000 Cr AUM, 5%+ ROA, and 20%+ ROE by 2030.

1. **Business Performance**: Q4 FY26 AUM jumped 13.3% YoY to ₹14,005.6 Cr. Disbursements rose 46.8% YoY to ₹2,876.7 Cr. Asset quality improved, with GNPA at 3.89% and NNPA at 1.14%. A strategic shift is underway from JLG-dominated loans towards higher-value, secured retail segments.

2. **Growth Drivers or Strategy**: Vision 2030 targets deepening customer wallet share in existing bases and new acquisitions. Focus areas include secured assets like Muthoot Small Enterprise Loan (MSEL), MSME (LAP), and Gold Loans, supported by digital and AI-led operations for efficiency and better risk management.

3. **Recent Developments**: New products like MSEL now contribute 17% of AUM with zero delinquency. Muthoot SME (LAP) Loan and Gold Loan referrals are gaining traction. FY26 saw record borrowings of ₹9,537.4 Cr with a 75 bps drop in funding cost to 10.27%, showcasing robust financial health.

4. **Key Financial Metrics**: Q4 FY26 Profit After Tax (PAT) soared 117.7% YoY to ₹71.1 Cr. Return on Assets (ROA) hit 2.1% and Return on Equity (ROE) reached 10.1%. Net Interest Margin (NIM) stood strong at 12.0% as credit costs improved to 2.8%.

5. **Management Commentary / Outlook**: Muthoot Microfin aims for resilient, quality-led growth by derisking its portfolio and leveraging digital capabilities to build a sustainable, customer-centric financial institution.